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Industryby StaffNovember 14, 2019

Auto Loans and Leases Up 1% in Q3

The Federal Reserve reports U.S. car buyers borrowed $159 billion in the third quarter, a modest gain powered by a 6% increase in originations to prime credit customers.

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Industryby StaffNovember 14, 2019

Ford Credit Tops All Finance Sources in Customer Satisfaction

Ford Motor Credit is No. 1 in J.D. Power’s latest rankings of customer satisfaction with auto finance companies. Analysts say the metric is increasingly driven by the digital experience.

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Industryby Tariq KamalNovember 13, 2019

Bloomberg: FCA Banking Unordered Vehicles, Pressuring Dealers

A Bloomberg report accuses Fiat Chrysler of creating a ‘sales bank’ of up to 40,000 new vehicles, reviving an old practice that could stoke tension among dealers and investors.

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Industryby StaffNovember 13, 2019

Buick, Porsche Lead Latest Sales Satisfaction Index

J.D. Power analysts ranked Buick and Porsche highest among mass market and highline brands in its latest study dedicated gauging satisfaction and future loyalty among U.S. car buyers.

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Industryby Tariq KamalNovember 12, 2019

Chrysler Dealers to Appeal Claims Court Loss

An attorney representing hundreds of former Chrysler franchisees in a $1 billion lawsuit against the federal government plans to file an appeal that could make its way to the U.S. Supreme Court.

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Trainingby StaffNovember 8, 2019

Automotive Consulting Enterprises Debuts In-House Training Program

Enrollment is now open for classes held at Automotive Consulting Enterprises' new automotive training facility at the company’s Kansas City-area headquarters.

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Product & Technologyby StaffNovember 8, 2019

NAC Adds New VSC, Ancillaries, Loyalty to Powersports Suite

National Auto Care announced the addition of an exclusionary VSC, GAP, tire and wheel, theft, and a loyalty program to its powersports F&I product offerings.

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Product & Technologyby StaffNovember 8, 2019

Protective Enhances RV Service Contract Program

Protective Asset Protection has released a series of enhancements to coverage, eligibility, terms, collateral, and training for its XtraRide program.

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Industryby StaffNovember 7, 2019

AutoNation, Sonic Set Records as Publics Grow PVR

All six of America’s big publicly traded dealership groups enjoyed year-over-year gains in F&I profit per vehicle retailed in Q3, led by record highs at AutoNation and Sonic Automotive.

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Awardsby StaffNovember 6, 2019

Alpha Makes List of Utah’s Fastest-Growing Companies

Alpha Warranty is among the honorees in the 25th annual MountainWest Capital Network’s 2019 Utah 100.

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